25. Society / D. Political Doctrines / 11. Capitalism

Full Idea:
The natural logic of capitalism leads to democracy. For economic liberties without political liberties are inherently unstable.

From:
Michael Novak (The Spirit of Democratic Capitalism [1982], p.15), quoted by David Conway - Capitalism and Community II

A reaction:
Not sure about 'inherently unstable'. Only in the sense that if you dish out economic liberties, people come to expect political liberties. China and Hong Kong are each currently facing this problem. Capitalist liberty can be highly restricted.